Company
Date Published
Author
Ravi Yadalam
Word count
1150
Language
English
Hacker News points
None

Summary

Chargeback and showback are essential FinOps processes that enable companies to manage and hold engineering teams accountable for cloud costs by either charging them back to departmental budgets or providing visibility without actual charges. While building an in-house solution for cloud cost reporting might initially appear cost-effective, it can be resource-intensive and challenging, especially when it comes to accurately attributing shared costs and integrating advanced features like cost anomaly detection and budgeting. Harness CCM offers a comprehensive out-of-the-box solution that not only simplifies cost attribution with its Cost Categories feature but also enhances cloud cost management by providing actionable optimization recommendations, real-time anomaly detection, and advanced budgeting and forecasting capabilities. It also supports dynamic team and project management and integrates resource utilization metrics, ensuring agile and efficient cloud cost oversight. Opting for a managed solution like Harness CCM can save time and effort, allowing organizations to focus on their core business while maintaining accurate and scalable cloud cost management.